ARA Asset Management Likely To Boost Assets Through Property Funds, Invezz Reports In A New Article
iNVEZZ.com, a portal for investors, has published a new article, reporting that the Singapore-listed real estate trusts manager ARA Asset Management Ltd is looking to double its assets under management by expanding its private property funds.
London (I-Newswire) March 22, 2013 - Investor portal iNVEZZ today released a news article reporting that ARA Asset Management Ltd is considering expansion by means of acquisitions and enhancing existing properties. The news highlights the growing popularity of property funds which have recently been attracting a lot of investment attention alongside real estate investment trusts (REITs).
In its news article, iNVEZZ reports that ARA Asset Management Ltd, which already has six REITs, wants to focus on boosting private property funds after attracting major US pension investors such as Teacher Retirement System of Texas and California Public Employees' Retirement System.
ARA Asset Management is also reported as still considering the IPO of its Dynasty REIT, which the asset manager cancelled at the end of October on account of weak demand for new equity. In its commentary, iNVEZZ notes that Singapore REITs have been enjoying a lot of investor attention of late and points out that Mapletree Greater China Commercial Trust recently made an impressive market debut.
The iNVEZZ news article then goes on, saying that in addition to REITs real estate funds have also been attracting significant investor attention, with Thailand's biggest industrial developer Hemaraj Land and Development recently reported as planning to raise money through real estate funds. In addition, Thai billionaire Charoen Sirivadhanabhakdi is expected to raise 50 billion baht (£1.1 billion) by injecting assets into two existing property funds, while Land & Houses, one of Thailand's biggest housing developers, is likely to set up a property fund later this year.
The new iNVEZZ article is part of the news section of the portal, which provides investors with timely information on current happenings in the investment world. In addition, iNVEZZ also features in-depth analysis on topical investment issues, providing insights into a range of investment products and markets.
To learn more about iNVEZZ, join, contribute your own professional or amateur expertise on the investment areas of your interest or engage with other investors or experts, please visit www.iNVEZZ.com.
About iNVEZZ Limited
News, analysis, commentary, opinion and an interactive forum for investors of all kinds. Invezz will More.. allow you to keep up to date with the most recent developments in the investment world, allow you to browse and weigh-up investment opportunities as well as read and interract with the opinions of both experts and your peers.Less..
843 Finchley Road
Phone : 08458340101
Published On:March 22, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.